CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 13,608 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 13,608 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $92.09, for a total value of $1,253,160.72. Following the sale, the chief operating officer owned 147,785 shares of the company’s stock, valued at approximately $13,609,520.65. The trade was a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sachin Jain also recently made the following trade(s):

• On Tuesday, June 30th, Sachin Jain sold 3 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $287.07.
• On Monday, June 1st, Sachin Jain sold 3,798 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $455,760.00.
• On Thursday, May 28th, Sachin Jain sold 898 shares of CoreWeave stock. The shares were sold at an average price of $110.00, for a total transaction of $98,780.00.
• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total value of $636,552.14.

CoreWeave Price Performance

NASDAQ:CRWV traded up $2.13 during trading hours on Tuesday, reaching $90.32. 43,954,568 shares of the company’s stock were exchanged, compared to its average volume of 26,826,040. The company has a 50-day moving average of $90.50 and a 200 day moving average of $94.73. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue and earnings beat expectations: CoreWeave reported a quarterly loss that was better than consensus estimates and exceeded revenue forecasts, easing concerns about the company’s ability to convert AI demand into financial results. CoreWeave Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: AI demand remains robust: Management highlighted accelerating demand for computing capacity, including business with Anthropic and Meta. CoreWeave’s reported order backlog reached roughly $104 billion, supporting expectations for significant future growth. CoreWeave Reports New Revenue High of $2.6 Billion as Sales Backlog Grows
• Positive Sentiment: Near-term revenue guidance topped expectations: Third-quarter revenue guidance of $3.5 billion to $3.6 billion was above the approximately $3.4 billion analyst consensus, reinforcing the company’s strong growth outlook.
• Positive Sentiment: Storage access supports expansion: A deal with Solidigm provides priority access to SSDs, helping CoreWeave address storage requirements as it expands its AI cloud infrastructure. CoreWeave’s Solidigm Deal
• Neutral Sentiment: Analyst views remain mixed: JPMorgan raised its price target to $110 but maintained a Neutral rating, while Jefferies reiterated a Buy rating and a $150 target. Shares are also consolidating near technical resistance around $92.
• Negative Sentiment: Profitability and financing remain risks: CoreWeave continues to post substantial losses and negative margins while investing heavily in data centers. Analysts expect a meaningful profitability improvement to remain several months away, and the company’s high leverage increases execution and financing risks.
• Negative Sentiment: Full-year outlook was less decisive: Fiscal 2026 revenue guidance of $12.4 billion to $13.2 billion brackets consensus near $12.6 billion, but its midpoint is slightly below expectations. Investors will continue watching whether capacity additions and spending can keep pace with the large backlog.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Citigroup dropped their target price on CoreWeave from $158.00 to $142.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. DA Davidson reiterated a “neutral” rating and set a $100.00 price target (down from $175.00) on shares of CoreWeave in a research note on Monday, May 18th. Evercore reissued an “outperform” rating and set a $150.00 price target on shares of CoreWeave in a report on Wednesday, April 15th. Oppenheimer lifted their price objective on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Roth Capital restated a “buy” rating and issued a $150.00 price target on shares of CoreWeave in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $136.82.

Institutional Trading of CoreWeave

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after buying an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares in the last quarter. Bank of America Corp DE grew its holdings in CoreWeave by 13.1% during the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after buying an additional 653,398 shares during the last quarter. Clear Street Group Inc. increased its position in CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after buying an additional 1,692,916 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in shares of CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during the last quarter.

About CoreWeave

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.